Price-to-Rent Ratios. Calculate the price-to-rent ratios for the following properties arranged by price of home followed by

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Price-to-Rent Ratios. Calculate the price-to-rent ratios for the following properties arranged by price of home followed by likely annual rental income:

(a) $400,000/$40,000;

(b) $300,000/$36,000;

(c) $200,000/30,000.

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